Hess Midstream Partners LP Company Profile (NASDAQ:HESM)

About Hess Midstream Partners LP (NASDAQ:HESM)

Hess Midstream Partners LP logoHess Midstream Partners LP is a fee-based, traditional master limited partnership formed to own, operate, develop and acquire a set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. The Company's assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota (collectively referred as the Bakken). It operates its business through three segments: gathering; processing and storage; and terminaling and export. The Company's gathering business consisted of its 20% controlling economic interest in Gathering Opco, which owns North Dakota natural gas, natural gas liquids and crude oil gathering systems. The Company's processing and storage business consisted of its 20% controlling economic interest in the Tioga Gas Plant and its 100% interest in the Mentor Storage Terminal. The Company's terminaling and export business consisted of its 20% controlling economic interest in Logistics Opco.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: LNG Transportation & Storage
  • Sub-Industry: N/A
  • Symbol: NASDAQ:HESM
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: $1.22 billion
  • Outstanding Shares: 54,559,000
Average Prices:
  • 50 Day Moving Avg: $20.66
  • 200 Day Moving Avg: $22.08
  • 52 Week Range: $18.33 - $26.78
P/E:
  • Trailing P/E Ratio: 9.35
  • Foreward P/E Ratio: 18.82
  • P/E Growth: 1.78
Sales & Book Value:
  • Annual Revenue: $540.5 million
  • Price / Sales: 2.26
  • Book Value: $9.32 per share
  • Price / Book: 2.40
Dividend:
  • Dividend Yield: 5.3%
Profitability:
  • EBIDTA: $357.3 million
  • Net Margins: 49.24%
  • Return on Equity: 3.23%
  • Return on Assets: 10.50%
Misc:
  • Average Volume: 83,131 shs.
  • Short Ratio: 5.43
 

Frequently Asked Questions for Hess Midstream Partners LP (NASDAQ:HESM)

What is Hess Midstream Partners LP's stock symbol?

Hess Midstream Partners LP trades on the NASDAQ under the ticker symbol "HESM."

How often does Hess Midstream Partners LP pay dividends? What is the dividend yield for Hess Midstream Partners LP?

Hess Midstream Partners LP announced a special dividend on Wednesday, July 26th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.2703 per share on Monday, August 14th. The ex-dividend date is Wednesday, August 2nd. View Hess Midstream Partners LP's Dividend History.

How were Hess Midstream Partners LP's earnings last quarter?

Hess Midstream Partners LP (NASDAQ:HESM) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The firm earned $138.30 million during the quarter, compared to analyst estimates of $111.37 million. Hess Midstream Partners LP had a return on equity of 3.23% and a net margin of 49.24%. View Hess Midstream Partners LP's Earnings History.

When will Hess Midstream Partners LP make its next earnings announcement?

Hess Midstream Partners LP is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Hess Midstream Partners LP.

Where is Hess Midstream Partners LP's stock going? Where will Hess Midstream Partners LP's stock price be in 2017?

5 analysts have issued 1 year price objectives for Hess Midstream Partners LP's stock. Their predictions range from $25.00 to $32.00. On average, they expect Hess Midstream Partners LP's share price to reach $28.80 in the next year. View Analyst Ratings for Hess Midstream Partners LP.

Who are some of Hess Midstream Partners LP's key competitors?

Who are Hess Midstream Partners LP's key executives?

Hess Midstream Partners LP's management team includes the folowing people:

  • John B. Hess Jr., Chairman of the Board, Chief Executive Officer of the General Partner
  • Jonathan C. Stein, Chief Financial Officer of the General Partner
  • John A. Gatling, Chief Operating Officer of the General Partner
  • Gerald A. Tamborski, Vice President - Operations of the General Partner
  • John P. Rielly, Vice President, Director of the General Partner
  • Timothy B. Goodell II, General Counsel, Secretary of the General Partner
  • William J. Brilliant, Director of the General Partner
  • Gregory P. Hill, Director of the General Partner
  • William A. Woodburn, Director of the General Partner
  • David W. Niemiec, Independent Director Nominee

When did Hess Midstream Partners LP IPO?

(HESM) raised $250 million in an initial public offering (IPO) on Wednesday, April 5th 2017. The company issued 12,500,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities acted as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers.

Who owns Hess Midstream Partners LP stock?

Hess Midstream Partners LP's stock is owned by a number of of institutional and retail investors. Top institutional investors include HARVEST FUND ADVISORS LLC (10.20%), FMR LLC (4.88%), Kayne Anderson Capital Advisors LP (1.56%), Russell Investments Group Ltd. (0.63%), NBW Capital LLC (0.63%) and Goldman Sachs Group Inc. (0.55%). Company insiders that own Hess Midstream Partners LP stock include Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. View Institutional Ownership Trends for Hess Midstream Partners LP.

Who bought Hess Midstream Partners LP stock? Who is buying Hess Midstream Partners LP stock?

Hess Midstream Partners LP's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Kayne Anderson Capital Advisors LP, Russell Investments Group Ltd., NBW Capital LLC, Goldman Sachs Group Inc., Atlantic Trust Group LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and Neuberger Berman Group LLC. Company insiders that have bought Hess Midstream Partners LP stock in the last two years include Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. View Insider Buying and Selling for Hess Midstream Partners LP.

How do I buy Hess Midstream Partners LP stock?

Shares of Hess Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hess Midstream Partners LP's stock price today?

One share of Hess Midstream Partners LP stock can currently be purchased for approximately $22.39.


MarketBeat Community Rating for Hess Midstream Partners LP (NASDAQ HESM)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  76
MarketBeat's community ratings are surveys of what our community members think about Hess Midstream Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Hess Midstream Partners LP (NASDAQ:HESM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $28.80 (28.63% upside)

Analysts' Ratings History for Hess Midstream Partners LP (NASDAQ:HESM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/30/2017Morgan StanleyUpgradeEqual Weight -> Overweight$25.00 -> $26.00HighView Rating Details
8/11/2017Citigroup Inc.UpgradeNeutral -> Buy$28.00 -> $25.00HighView Rating Details
7/22/2017ScotiabankSet Price TargetBuy$31.00LowView Rating Details
5/1/2017Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$32.00HighView Rating Details
5/1/2017J P Morgan Chase & CoInitiated CoverageOverweight$30.00LowView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Hess Midstream Partners LP (NASDAQ:HESM)
Earnings by Quarter for Hess Midstream Partners LP (NASDAQ:HESM)
Earnings History by Quarter for Hess Midstream Partners LP (NASDAQ HESM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017        
7/27/2017Q2 2017$0.23$0.21$111.37 million$138.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hess Midstream Partners LP (NASDAQ:HESM)
Current Year EPS Consensus Estimate: $0.89 EPS
Next Year EPS Consensus Estimate: $1.19 EPS

Dividends

Dividend History by Quarter for Hess Midstream Partners LP (NASDAQ HESM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017special$0.278/2/20178/4/20178/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Hess Midstream Partners LP (NASDAQ:HESM)
Insider Trades by Quarter for Hess Midstream Partners LP (NASDAQ:HESM)
Institutional Ownership by Quarter for Hess Midstream Partners LP (NASDAQ:HESM)
Insider Trades by Quarter for Hess Midstream Partners LP (NASDAQ:HESM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/10/2017Gregory P HillDirectorBuy4,350$23.00$100,050.00View SEC Filing  
4/10/2017John A GatlingCOOBuy15,000$23.00$345,000.00View SEC Filing  
4/10/2017John B HessChairmanBuy206,550$23.00$4,750,650.00View SEC Filing  
4/10/2017John P RiellyVPBuy20,000$23.00$460,000.00View SEC Filing  
4/10/2017Jonathan C SteinCFOBuy8,700$23.00$200,100.00View SEC Filing  
4/10/2017Timothy B GoodellGeneral CounselBuy12,500$23.00$287,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hess Midstream Partners LP (NASDAQ:HESM)
Latest Headlines for Hess Midstream Partners LP (NASDAQ:HESM)
Source:
DateHeadline
finance.yahoo.com logoHess Midstream Partners LP :HESM-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 5:35 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - September 4 at 5:10 PM
americanbankingnews.com logoCheniere Energy Partners LP Holdings (CQH) & Hess Midstream Partners (HESM) Critical Contrast
www.americanbankingnews.com - September 1 at 10:36 AM
streetinsider.com logoUPDATE: Morgan Stanley Upgrades Hess Midstream Partners LP (HESM) to Overweight
www.streetinsider.com - August 31 at 5:27 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Stock Rating Upgraded by Morgan Stanley
www.americanbankingnews.com - August 30 at 8:55 AM
americanbankingnews.com logoContrasting Hess Midstream Partners (HESM) & Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - August 30 at 2:16 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 29 at 3:12 PM
americanbankingnews.com logoFinancial Comparison: Cheniere Energy Partners LP Holdings (CQH) and Hess Midstream Partners (HESM)
www.americanbankingnews.com - August 26 at 12:22 AM
americanbankingnews.com logoCheniere Energy Partners LP Holdings (CQH) vs. Hess Midstream Partners (HESM) Head-To-Head Analysis
www.americanbankingnews.com - August 21 at 4:24 PM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Upgraded to "Buy" at Citigroup Inc.
www.americanbankingnews.com - August 13 at 4:02 PM
americanbankingnews.com logoHess Midstream Partners (NASDAQ:HESM) and Golar LNG Limited (GLNG) Critical Review
www.americanbankingnews.com - August 13 at 10:40 AM
nasdaq.com logoT Boone Pickens Buys Phillips 66 Partners LP, Energy Transfer Partners LP, Alcoa Corp, Sells ...
www.nasdaq.com - August 12 at 6:32 PM
americanbankingnews.com logoHess Midstream Partners (NASDAQ:HESM) versus Cheniere Energy Partners LP Holdings (CQH) Critical Comparison
www.americanbankingnews.com - August 10 at 6:24 PM
americanbankingnews.com logo$115.50 Million in Sales Expected for Hess Midstream Partners LP (HESM) This Quarter
www.americanbankingnews.com - August 7 at 9:06 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Expected to Announce Earnings of $0.24 Per Share
www.americanbankingnews.com - August 5 at 7:08 AM
finance.yahoo.com logoHess Midstream Partners LP – Value Analysis (NYSE:HESM) : August 5, 2017
finance.yahoo.com - August 5 at 12:47 AM
finance.yahoo.com logoHess Midstream Partners LP breached its 50 day moving average in a Bearish Manner : HESM-US : August 4, 2017
finance.yahoo.com - August 4 at 7:40 PM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - August 4 at 2:40 PM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 31 at 11:50 PM
finance.yahoo.com logoHess Midstream Partners LP to Participate in Investor Conferences
finance.yahoo.com - July 31 at 8:32 PM
americanbankingnews.com logoHess Midstream Partners LP (NASDAQ:HESM) Releases Earnings Results
www.americanbankingnews.com - July 29 at 4:54 PM
thestreet.com logoHess Midstream Partners LP Reports Estimated Results For The Second Quarter Of 2017
www.thestreet.com - July 28 at 1:02 AM
finance.yahoo.com logoEdited Transcript of HESM.N earnings conference call or presentation 27-Jul-17 2:00pm GMT
finance.yahoo.com - July 28 at 1:02 AM
finance.yahoo.com logoHess Midstream Partners LP Reports Estimated Results for the Second Quarter of 2017
finance.yahoo.com - July 27 at 8:01 PM
americanbankingnews.com logoHess Midstream Partners LP (NASDAQ:HESM) Announces $0.27 Special Dividend
www.americanbankingnews.com - July 26 at 3:45 PM
seekingalpha.com logoHess Midstream Partners: An Oil & Gas MLP On Sale
seekingalpha.com - July 26 at 5:47 AM
reuters.com logoBRIEF-Hess Midstream Partners LP announces initial quarterly distribution $0.2703/unit
www.reuters.com - July 25 at 7:41 PM
finance.yahoo.com logoOpening Bell, July 25, 2017
finance.yahoo.com - July 25 at 7:41 PM
finance.yahoo.com logoHess Midstream Partners LP Announces Initial Quarterly Distribution
finance.yahoo.com - July 25 at 7:41 PM
finance.yahoo.com logoHess Midstream Partners LP breached its 50 day moving average in a Bearish Manner : HESM-US : July 24, 2017
finance.yahoo.com - July 24 at 10:26 PM
americanbankingnews.com logoHess Midstream Partners (NASDAQ:HESM) vs. Navigator Holdings (NVGS) Head to Head Review
www.americanbankingnews.com - July 24 at 9:50 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Given a $31.00 Price Target at Scotiabank
www.americanbankingnews.com - July 23 at 10:40 PM
americanbankingnews.com logoHess Midstream Partners LP (NASDAQ:HESM) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - July 21 at 9:56 PM
americanbankingnews.com logoContrasting Golar LNG Partners (GMLP) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - July 20 at 9:42 AM
americanbankingnews.com logoComparing GasLog LP. (GLOG) and Hess Midstream Partners (HESM)
www.americanbankingnews.com - July 17 at 10:26 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Expected to Post Quarterly Sales of $123.07 Million
www.americanbankingnews.com - July 15 at 7:42 AM
americanbankingnews.com logoHess Midstream Partners LP (HESM) PT Raised to $26.00
www.americanbankingnews.com - July 14 at 3:18 PM
americanbankingnews.com logo$0.23 Earnings Per Share Expected for Hess Midstream Partners LP (NASDAQ:HESM) This Quarter
www.americanbankingnews.com - July 13 at 10:23 PM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 10 at 2:30 PM
finance.yahoo.com logoHess Midstream Partners LP Schedules Earnings Release Conference Call
finance.yahoo.com - July 8 at 11:21 AM
americanbankingnews.com logoHead-To-Head Analysis: Hess Midstream Partners (HESM) vs. GasLog Partners (GLOP)
www.americanbankingnews.com - June 27 at 10:22 PM
americanbankingnews.com logoZacks: Analysts Expect Hess Midstream Partners LP (HESM) Will Post Quarterly Sales of $120.60 Million
www.americanbankingnews.com - June 21 at 9:08 AM
americanbankingnews.com logo Analysts Expect Hess Midstream Partners LP (HESM) to Post $0.22 EPS
www.americanbankingnews.com - June 19 at 10:30 PM
americanbankingnews.com logoHess Midstream Partners LP (HESM) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - June 13 at 3:17 PM
finance.yahoo.com logoAlerian Index Series June 2017 Index Review
finance.yahoo.com - June 9 at 9:57 AM
finance.yahoo.com logoHess Is in Accumulation Zone
finance.yahoo.com - June 1 at 6:26 PM
americanbankingnews.com logo$0.22 EPS Expected for Hess Midstream Partners LP (HESM) This Quarter
www.americanbankingnews.com - May 24 at 6:28 PM
americanbankingnews.com logoScotiabank Analysts Give Hess Midstream Partners LP (HESM) a $31.00 Price Target
www.americanbankingnews.com - May 19 at 8:29 PM
americanbankingnews.com logoHess Midstream Partners LP's (HESM) Quiet Period To End on May 15th
www.americanbankingnews.com - May 8 at 10:52 AM
americanbankingnews.com logoZacks: Hess Midstream Partners LP (HESM) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 2 at 2:20 PM

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Chart

Hess Midstream Partners LP (HESM) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff